Honda Motor Co.'s operating profit surged 38 percent in the latest quarter as rising sales, a pension plan adjustment and cost cutting offset foreign exchange losses, prompting the automaker to lift its earnings outlooks for the current fiscal year. Operating profit increased to 228.08 billion yen ($2.25 billion) in the Japanese carmaker’s fiscal second quarter ended Sept. 30, from 164.84 billion yen ($1.63 billion) a year earlier.
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